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Electrical Equipment Industry: Opportunities Galore

June 2, 2011 1 comment

The growth in the Indian electrical industry seems sustainable as most of the transmission and distribution projects, mainly by Power Grid Corporation, are on in full swing. With financial year 2011-12 being the last year of the current five-year plan, infrastructure projects are likely to gather further momentum, driving growth for electrical equipment. Read more…

Categories: Electrical Equipments

Indian Electrical Equipment Industry: On A Growth Path

Investment projects had witnessed a set back during the financial crisis in 2008-09. This had an adverse impact on the related sectors as well. One such sector includes the Electrical Equipment Industry.

This Rs 52,000-crore industry includes cables, switchgears, transformers and other large electrical products. The industry recorded a marginal 1.7% growth in demand during April-September 2009. However, the demand picked-up in the second half and reached 20% compared to the year-ago level, according to IEEMA. Read more…